Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.

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Financial 15 Split Corp > Deisman

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Comment by deisman03on Nov 23, 2022 11:15pm

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Post# 35124045

RE:Deisman

Gloat as much as you like, I don't mind one bit, over the past month, I'm up over $15K and still have 100% of my capitol as well, stashed in cash nicely in my accounts

I'm not dissing the folks that hold by any means and never will. It's not a bad strategy, until it isn't.

Unlike many here, I can't reliably pick tops and bottoms. For those that can, good on you.

I bought back in at $8.99/30K and sold them all with a limit ask of $9.35, which IMHO isn't a bad gain in less than two weeks. I'll take it every chance I get, even if it does leave cash on the table.

A bird in hand============

GLTA the good folks here and Happy Thanksgiving to the US folks.

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